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Stocks and Indices news

Wall Street opens steady despite customs exemptions approved

02:25 pm 2019-09-11

US stocks opened steady on Wednesday despite China's announcement earlier in the day that it would exempt a number of US goods from its tariffs as a "goodwill gesture", including lubricants and whey base. In other news, the Organization of Petroleum Exporting Countries (OPEC) said in a report that global oil demand growth in 2019 will be 1.02 million barrels per day and adjusted its forecast for global economic growth to 3% in 2019 and 3.1% in 2020.…More

European shares open higher as China exempts customs exemptions

07:38 am 2019-09-11

European shares started the session on Wednesday in the Green Zone after Beijing announced a list of US goods to be exempt from additional customs duties. China said the move was a "goodwill gesture" ahead of trade talks scheduled for October.  Meanwhile, investors are awaiting the ECB rate decision this week. Merkel believes that there is still a chance for regulator Brexit German Chancellor Angela Merkel said on Wednesday: "We…More

Asian markets diverged after a report on China's treatment of impact trade war

06:06 am 2019-09-11

Markets were mixed across Asia later in the session on Wednesday after Hu Shijin, editor-in-chief of China's Global Times, said Beijing "will implement important measures to mitigate the negative impact of the trade war." He said the measures "will benefit some companies from China and the United States." China unveils list of US duty-free goods In the same context, China released the first list of US goods to be duty-free on…More

Wall Street retreated amid an investigation into technology monopoly

02:03 pm 2019-09-10

Wall Street started losses on Tuesday as the Nasdaq 100 Technical Index fell 1% amid reports that Google and Facebook are facing antitrust investigations. Earlier, President Donald Trump said that trade talks with China will continue and trade adviser Peter Navarro said that China's tariffs are working "beautifully." Meanwhile, US small business data showed that optimism remained steady in August. Navarro: Tariffs are defensive against Chinese economic aggression As part of the trade war, White House…More

European shares opened lower amid a focus on Brexit developments

07:29 am 2019-09-10

Shares in major European stock markets fell slightly on Tuesday after the UK parliament suspended. After British lawmakers rejected his call for early elections, Prime Minister Boris Johnson reiterated that he would not ask the EU to extend Britain's exit from the EU. On the data front, UK unemployment statistics are expected to be released shortly after the market opens. Johnson refuses to postpone Brexit after Bartlett rejected the election In the Brexit, UK…More

Asian stocks were mixed as Chinese inflation data awaited.

12:57 am 2019-09-10

Asian stocks were mixed Tuesday morning as investors awaited Chinese inflation data. Investors are awaiting Chinese inflation data for August, as both the CPI and PPI are scheduled to be released at 9:30 am in Hong Kong / China. Credit card spending in New Zealand rose 1.3% in August New Zealand's total credit card spending rose 1.3 per cent month-on-month in August, following a 0.2 per cent decline in July, Statistics New Zealand said on…More

Wall Street shares open higher amid a wave of trade optimism

02:31 pm 2019-09-09

Wall Street started the first trading day of the week in the Green Zone as investors remained confident after positive comments last week on the status of US-China trade talks. Before the bell, AT&T rose after announcing that Elliot Management bought $ 3.2 billion in the telecom company. Trump denies government involvement in using his resorts U.S. President Donald Trump said on Monday he did not know "anything" about a US Air Force plane…More

European stocks open higher amid upbeat European data

07:33 am 2019-09-09

European stock markets opened in the first trading session of the week in green on Monday as investors focused on the economic data to be released today. Germany's trade surplus for the month of July rose to 21.4 euros. Reports on UK GDP, Trade Balance and Industrial Production, as well as Sentix on EU investor confidence, were released later today. In politics, the British Parliament is scheduled to vote for the second time on a…More

Asian markets rise after Japanese GDP data second quarter of 2019

06:48 am 2019-09-09

Major stock markets in the Asia-Pacific region rose on Monday after several key economic data releases. Nissan Chief Executive Hiroto Saikawa is expected to resign with several counts of financial misconduct. Meanwhile, it was discovered that Apple and Foxconn had violated China's labor laws by employing many temporary workers. Japan's GDP rose 0.3% in the second quarter Japan's GDP rose 0.3% in the second quarter of 2019 compared to the previous three-month period, according to a…More

US stocks start the day higher, supported by trade talks

02:05 pm 2019-09-06

  Most Wall Street indexes opened higher on Friday as investor confidence increased after the United States and China unveiled trade talks in October. However, gains may be fairly low as non-farm payrolls data showed a worse-than-expected increase in August, and US President Donald Trump tweeted that he regretted the appointment of Jerome Powell as US Federal Reserve chairman. The US economy added 130,000 jobs last month, according to a Labor Department statement earlier today. Larry…More

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